Sports Organization To Spend $7.9M On U.S. Scholarships For Spanish Student-Athletes

Spanish sports organization AGM Sports, which "helps student-athletes all over the world obtain high-quality education in the U.S.," has announced that it will provide 116 student-athletes with scholarships for U.S. universities in '13-14, according to MARCA. The 116 scholarships will add to the organization's 241 students currently "immersed in the U.S. university system." For the upcoming school year, AGM Sports has $7.9M worth of scholarships, with $2.9M going to the 116 new students (an average of $23,000 per scholarship) while the remaining $5M-plus will be distributed among the current U.S. students. AGM Sports Dir General Gonzalo Corrales said, "Studying in the U.S., where one can combine high-level athletics with University academics, is the best option for young people from Spain who see an uncertain future in our country, where the level of youth unemployment is among the highest in the world." To date, AGM Sports has helped more than 600 student-athletes attend U.S. colleges at a value of more than $28M. Tennis and football are the two most popular sports for the Spanish student-athletes who go to the U.S. -- "52 tennis players will join 126 current tennis players in the U.S., while 15 footballers will join the current group of 48 already attending U.S. colleges" (MARCA, 8/7).